Scotiabank (Bank of Nova Scotia, in French - Banque Scotia) is one of North America's premier financial institutions and Canada's most international bank. With more than 75,000 employees, Scotiabank Group and its affiliates serve some 19 million customers in more than 55 countries around the world. Scotiabank offers a broad range of products and services including personal, commercial, corporate and investment banking. Total assets: $575.3 billion (as at October 31, 2011). Net income: $5.268 billion (2011).
The Bank of Nova Scotia has four business lines: Canadian Banking, International Banking, Scotia Capital and Global Wealth Management. Canadian Banking includes two main businesses, which are Retail and Small Business Banking, and Commercial Banking.
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Scotiabank :: Press Releases
16.01.2011 Scotiabank has been recognized as the Best Trade Finance Bank in Canada for the fourth year in a row by Global Finance. More
29.12.2009 The Dubai International Financial Centre (DIFC) today announced that Scotiabank, one of North America's leading financial institutions, has received a license from the Dubai Financial
Services Authority (DFSA) to operate within the financial district. More
Financial News
Three Swiss bankers indicted by U.S. in tax crackdown - 09.01.2012 U.S. authorities are moving toward taking legal action against Wegelin & Co., which could lead to an indictment of one of Switzerland's last pure private banks, on charges that it enabled wealthy Americans to evade taxes, according to two persons with knowledge of the case. Source: Reuters
Islamic finance assets to hit US$ 1.1 trillion in 2012 - 22.11.2011 Islamic finance assets around the world are expected to climb 33% from their 2010 levels to $1.1 trillion by the end of 2012, boosted by the aftermath of the Arab Spring uprisings and dissatisfaction with conventional finance in the wake of the global debt crisis, consultants Ernst & Young said in a report on Tuesday. Source: Reuters
Spanish bank ratings downgraded by Fitch and S&P - 12.10.2011 Two leading credit rating agencies have downgraded some of Spain's largest banks, citing a deteriorating outlook for the Spanish economy. Source: BBC News
Spotlight on Islamic Retail Banking – strategies for fast growing industry - 07.10.2011 Islamic Banking is young but fast growing industry what brings challenges as need for standardization, expanding at the market (now < 1% population is banking Islamic Banks), lack of public awareness about Islamic Banking (misinterpretation) and limited resources of qualified people in this particular industry. Source: Fleming Gulf
JBIC inks $43bn credit line pact with Japan banks - 05.10.2011 The Japan Bank for International Cooperation (JBIC) said Wednesday that it has signed separate pacts with three major Japanese banks to give them a combined $43 billion, or Y3.3 trillion, credit line, as part of the government's steps to encourage companies to go ahead with M&As overseas. Source: Nikkei
U.S. banks begin charging monthly debit-card fees - 01.10.2011 Get ready for a new wave of bank fees. Bank of America will begin charging a $5 monthly fee at the beginning of next year for customers who make debit card purchases. Source: CNNMoney
Scotiabank (Bank of Nova Scotia, in French - Banque Scotia) is one of North America's premier financial institutions and Canada's most international bank. With more than 75,000 employees, Scotiabank Group and its affiliates serve some 19 million customers in more than 55 countries around the world. Scotiabank offers a broad range of products and services including personal, commercial, corporate and investment banking. Total assets: $575.3 billion (as at October 31, 2011). Net income: $5.268 billion (2011).
1-800-4SCOTIA (1-800-472-6842), (416) 866-6161
(416) 866-3750
